OCR Text |
Show wUm THE NATIONAL ENTERPRISE, I ICPAS C OCTOBER 12, 1977 southern California cities agreed to foot 85 per cent of the bill the rest to be borne by 23 Utah municipal electric utilities acting through 1CPA. The coalition formed a new corporation: 1PP. and in this case the facility Utah cities will- - at least 50 percent of the energy must be offered to Utah power suppliers who were in existence when the law became effective. At least 25 percent must be used in Utah. Then last winter, the Utah legislature stepped in by amending the states Interlocal Still economical Utah-Californ- ia non-prof- it Co-operati- on At any rate, the Utah towns will form yet another corporation, the Intermoun- on tinned from page nine Act which allows cities to get together and issue revenue bonds to construct such projects. If they do that for an electrical generation The California people, who had been counting on 85 percent of the power, weren't about "particularly happy the limitations. J. Sterling Merrell, ICPA public informa tion officer, told the Enterprise, but the lesser potential amount (i. e. between 50 and 75 percent of the 3,000 still makes the megawatts) transmission line to California Lesser economically viable. capacity and this size would make IPP one of the largest power plants in the country would not. The plant, according to Merrell, will end up costing about S4.5 billion; $640 million will be spent on tain Power Agnccy (IPA) to issue the bonds. IPP will then turn over its assets, primarily the site study, to IPA. Although IPA has no formal obligation to the California cities to sell them power, Merrell pointed out they will be unwilling to turn their 85 percent interest in IPP if they don't get at least the 50 percent of the plants output which is free to go out of state. Not far off schedule didn't hold when IPP first began its studies. Plans had been for a 1984 opening. Now, the first 750 megawatt unit is expected to be ready in 1985. with three more units completed by 1989. Docs the future hold more IPP's to supply power to other states? Merrell says no. If the new bonding capacity had been available before, they would never have known the California cities needed the power and they certainly wouldn't have been looking for them as sponsors. environmental controls. Works both ways In effect, IPP will cease to exist once IPA issues its bonds and gets rolling. Of course, that may yet take a while with all the government hurdles to be overcome and with the need to satisfy all participants since, for all intents and purposes, IPP, Utah, and the federal government can each exercise a veto The power on the project. new Utah law also imposes taxes on the project and requires Public Service Commission approval. Amazingly enough, the project isn't very far off schedule, even with clean air International Sentry Dog ANIMAL CONTROL TRAINING requirements for the area that Obedience Disarm Gun & Knife Attack Training Food Poisoning Prevention Security Animal Behavior Consultant Search Fire & Rescue Sales & Supplies K-- 9 Leasing 322-263- TEE SHIRTS - JACKETS - PARTIES - TRIPS Call for membership fee 1 (S25) Publ ic Welcome - Low Rates other A newly-construct- ed $5 million Park City center moving ahead 487-874- 4 ICPA projects, there's a 1,000 megawatt plant being planned by Moon Lake Electric (an ICPA member) for eastern Utah and the company has filed for water rights on the Great Salt Lake should it ever decide to build a nuclear plant there. And even though much of IPP-IPthe plant power will be flowing along transmission lines to California, Utah may yet, said Merrell, profit from the deal if it needs power in the future from California nuclear plants "Power can flow both ways," he said. "The line may one day be our savior." for As INTERNATIONAL SECURITY SENTRY DOGS 9 SECURITY PATROL 9 SECURITY SERVICE K-- K-- The first phase of Western Woodlands $5 million Learning and Cultural Center in Park City is nearing completion, according to schedule, says Janet Casey, INSURANCE spokeswoman. Problems with too many theft claims? Call for investigation. All types of investigation. "The exteriors are virtually finished, and we are now painting walls, laying carpets," she says. In addition to a 17,000 500 seat convensquare-footion center and sleeping rooms, the plans for phase one include twro restaurants, to be managed by Lloyd Stevens, present owner of Park Citys Claimjumper Restaurant, Casey says. t, International Security Sentry Dogs Call 487-874- 1 322-263- Ogden We are interested in your protection Let us (S-2- 5) 4 help you plan.. these companies have: Grand Central Huish Distributing Hemer Equipment New York Life Insurance Co. RCA Young Electric Sign Co Seminars Workshops Conventions Meetings & Banquets RODEWAY INN OF BOISE ffdffd ... in Boise for information call Julia i 521-455- 0 |